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"Obama’s proposal to raise taxes only on “the rich” doesn’t really amount, in itself, to [what the..."

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“Obama’s proposal to raise taxes only on “the rich” doesn’t really amount, in itself, to [what the left is calling] “shared sacrifice.” True, he defines “rich” quite broadly; lots of people who make over $200,000 or couples making $250,000 don’t live like rich people. Still, it’s a relatively small segment of the population that would be immediately affected by Obama’s preferred tax-hike program. Now, you could say that people who don’t make that much money would end up paying a price anyway, since socking it to “the rich” would depress the broader economy. Call it trickle-down sacrifice.”

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James Taranto

Trickle-down sacrifice!

(via sds)

Yes. Because the poor and middle class who have lost their jobs, their homes, their retirement, and their general financial security haven’t suffered enough. But let’s feel sad for those poor, poor rich folk who just keep making money.


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